Leading edge expanded to Canada in 2011. Its charges on the time have been considerably less than the remainder of the trade. Consistent with the corporate, Leading edge has minimize its reasonable asset-weighted control expense ratio (MER) via nearly part. It says its present MER is 48% less than the trade reasonable.

Having access to Leading edge ETFs in Canada

You’ll be able to purchase Leading edge Canada merchandise right here at house, Kate. You’ll be able to purchase lots of its U.S. merchandise as neatly. Leading edge’s U.S. ETFs industry at the New York Inventory Alternate. Its U.S. mutual price range are usually now not to be had to Canadian traders.

Leading edge is likely one of the greatest home ETF suppliers in Canada. As of July 31, 2023, the Canadian ETF Affiliation indexed it because the 3rd greatest via belongings underneath control after BlackRock Canada (iShares) and BMO Asset Control.

In contrast to the highest two, who’re neck and neck with 146 and 144 ETFs, respectively, Leading edge has a miles narrower line-up of 37 ETFs.

Leading edge surely gives low cost funding choices to Canadian traders, Kate. You can not open an account with Leading edge, despite the fact that. Maximum funding advisors in Canada can get admission to their merchandise, and you’ll be able to purchase them in case you have a cut price brokerage account. Some advisors are restricted to providing mutual price range because of their securities licenses. Others are restricted to providing proprietary price range from their very own corporate. And others would possibly favor to make use of person shares and bonds, or different funding merchandise for his or her shoppers.

Are ETFs a excellent funding?

ETFs are a well-liked funding as a result of they’re a low cost approach of diversifying your portfolio. ETFs have a tendency to be passive, which is likely one of the causes they’ve slightly low charges. Somewhat than having a control group researching which investments to shop for, they just purchase the marketplace. For instance, an S&P 500 ETF may personal all 500 shares that make up the index, reasonably than spending money and time attempting to determine which of them to possess.

One more reason the charges are slightly low is that they don’t have embedded charges payable to an funding guide. Mutual price range generally tend to have upper charges than ETFs, as a result of a few of them pay trailer charges to the guide who manages the funding account. When advisors use ETFs, they usually fee a separate control rate that’s not integrated within the fund’s MER.

Are ETFs a passive funding?

The vital factor to know about ETFs, Kate, is that they don’t seem to be all low cost and passive. Some ETFs are lively, and a few are dangerous as a result of they use leverage, which is able to amplify positive factors in addition to losses. You’ll be able to purchase inverse ETFs that cross down when markets cross up as neatly.